Stock analysts have a reputation for being overly optimistic, but a report from the American Accounting Association indicates a good deal of pessimism in earnings forecasts. "The analyst tends to omit positive news from current quarterly earnings forecasts while revising such forecasts [downward] in response to negative news," the report states.

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With more companies using blockchain technology, Solidity has unexpectedly moved atop the list of technology skills for 2019, according to a Udemy report. The Solidity programming language is used to advance smart contracts for Ethereum, a public decentralized blockchain platform, according to the report.

Coca-Cola lost more than 7% Thursday after a disappointing earnings forecast, and technical analyst James Brumley sees little prospect of the stock snapping out of decline. The historical chart pattern and the severity of the sell-off suggest a continued fall in coming weeks.

In an effort to gain better footing in cloud services with rivals Amazon and Microsoft, Google will purchase data migration company Alooma. California-based Alooma uses a tool that shifts data from various sources to one data warehouse.